§ 23-18-301 — Legislative declaration

Colorado § 23-18-301

• Jurisdiction: Colorado
• Title 23: Postsecondary Education
• Art.: College Opportunity Fund and

Text

(1) The general assembly finds and
declares that:

(a) Higher education is an economic engine for Colorado, helps to create an
informed citizenry, and contributes significantly to Colorado's superior quality of
life;

(b) In order to ensure the state's ongoing social, cultural, and economic
vibrancy, funding for higher education should be based on the needs of the state,
the people of Colorado, and the students;

(c) Colorado ranks highly in the United States in the percentage of its
citizens between the ages of twenty-five and sixty-four with a college degree,
largely due to the migration of college-educated adults from other states and
countries;

(d) In order to ensure that Colorado students have access to a postsecondary
education that will allow them to compete for jobs in Colorado's increasingly high-tech economy and the global economy, it is essential that Colorado make wise use
of its investment in higher education to increase the number of Coloradans who
have earned a high-quality postsecondary credential;

(e) It is important that the state of Colorado ensures that all Coloradans have
access to affordable higher education, regardless of income, race, gender, age, or
academic preparation, and that higher education services are available in all
geographic areas of the state, including rural areas, historically underserved areas,
and areas with low educational attainment;

(f) In particular, it is critical that the rate of postsecondary participation by
low-income Coloradans and minorities, who are currently underrepresented, be
increased at Colorado's institutions of higher education;

(f.5) As part of an affordable higher education, the Colorado commission on
higher education should ensure that institutions provide realistic opportunities for
students to shorten their time to degree, when appropriate, while also recognizing
the challenges that some students face as they work or take care of and support
their families while striving to avoid accumulating student debt; and

(g) Colorado's limited state resources must be used in a way that provides
incentives for state institutions of higher education to achieve the policy goals
adopted by the general assembly and identified in the Colorado commission on
higher education's master plan.

(2) The general assembly further finds and declares that:

(a) In order for the general assembly to perform its duty to exercise
oversight and ensure that tax dollars are being used to achieve stated policy goals,
higher education must be funded in a manner that is transparent and
understandable;

(b) These goals can be accomplished by the general assembly establishing
performance funding metrics that are consistent, predictable, and focused on
improved performance;

(c) With a consistent and predictable funding model for higher education,
state institutions of higher education will be able to engage in long-term financial
planning that will benefit students through more predictable tuition and fees; and

(d) If higher education is funded in a manner that is transparent and
understandable, Coloradans, and especially Colorado taxpayers, will more easily
understand the benefit realized from Colorado's investment in its higher education
system.

Legislative History

Source: L. 2014: Entire part added, (HB 14-1319), ch. 169, p. 598, � 1, effective May 9. L. 2020: (1)(c), (1)(f), (1)(g), and (2)(b) amended and (1)(f.5) added, (HB 20-1366), ch. 181, p. 821, � 1, effective June 29.